Hot Springs Market Update
Well, the “norm” for this time of year is NOT the “norm” for this year. We’ve been selling real estate in Hot Springs for over fifteen years, and every year around early August, the real estate activity almost comes to a halt during the whole month of August and then trickles through December. Guess what? Our market has broken the normal cycle this year. We’re still going FULL BLAST with no slow down as of today. All indicators are showing signs of a stronger real estate market in Hot Springs. Downtown continues to blossom and bring in more tourists (with 24 new businesses this year). Then on the other side of town, we have the widening of Hwy 7 South/Central Avenue going toward Bismarck – which is gaining a lot of attention for investors and more new businesses. And the major highway improvements along Hwy 70 coming into town from Little Rock is very impressive and 50% complete, which should make travel to and from the big city a breeze with a wide and safer highway. The total